Chips&Media is showing strong performance. It is interpreted to be influenced by the news that it will supply IP for Qualcomm's AI PC chip 'X Elite'.
As of 1:58 PM on the 28th, Chips&Media is trading at 24,450 KRW, up 9.64% compared to the previous day.
Chips&Media is currently the only domestic company supplying IP for Qualcomm's AI PC chip, X Elite. In particular, it has already been actively penetrating the NPU market within AI data centers.
Meanwhile, Qualcomm announced results exceeding its first-quarter guidance and is aggressively targeting the on-device AI market for PCs, continuing its record-high rally.
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